FEBRUARY 2014: MELBOURNE, Australia and NEW YORK, USA: Prana Biotechnology (ASX:PBT / NASDAQ:PRAN) has today announced the results of its Reach2HD Phase 2 clinical trial investigating PBT2 as a treatment for Huntington disease. The double-blind, placebo-controlled study was conducted by the Huntington Study Group at research sites in the United States and Australia. The study enrolled 109 individuals with Huntington disease who were randomly assigned to receive daily doses of either PBT2 250mg, PBT2 100mg, or placebo for 26 weeks.

Company plans to advance PBT2 to a confirmatory Phase 3 clinical trial.

Primary Objective: Safety and Tolerability

The primary endpoint of the study was met. In this study, PBT2 was safe and well tolerated. 95% (104 of 109) of participants completed the study on their assigned dose.
An independent Data Safety Monitoring Board met on five occasions over the course of the trial and on each occasion recommended that the trial continue as per the original protocol.
There were no substantial differences in adverse events across the two PBT2 dose groups and the placebo group. Only one of the ten reported serious adverse events was deemed by the clinical site investigator to be related to drug treatment. This occurred during the 4-week follow-up period (i.e. not on study drug) after completing the six month treatment.

Secondary Objective: Efficacy

The effects of PBT2 were tested on cognition, motor performance, behaviour and functional capacity, of which cognition was pre-specified as the main efficacy outcome.

There was a statistically significant improvement in performance on the Trail Making Test Part B (as illustrated in the graph), in the PBT2 250mg group compared to placebo at both 12 (p<0.001) and 26 weeks (p=0.042).

Trail Making Test Part B is a measure of executive function (e.g., ability to plan activities), which is impaired early in the course of Huntington disease and is also affected in Alzheimer’s disease.

Given the evidence from an earlier trial that showed that PBT2 improved executive function in Alzheimer’s disease patients, the Reach2HD trial included a plan to assess the effects of PBT2 on an Executive Function Composite z-score that included the Trail Making Test Part B. There was a statistically significant improvement in this z-score (p=0.038) in a pre-specified analysis of Reach2HD participants with early stage Huntington disease, as measured by their Total Functioning Capacity score. Across all participants, which comprised both early and mid-stage patients, there was a trend to improvement (p=0.069).

Dr Rudy Tanzi, Professor of Neurology at Harvard Medical School and Prana’s Chief Scientific Advisor, commented that “the observation of significant improvement in executive function with PBT2 in this clinical trial for Huntington disease and the previously reported Alzheimer’s trial, suggests a common mechanism for neurodegeneration in these diseases based on metal interactions. In my opinion, these findings significantly elevate the potential for PBT2 as an effective therapy for both Huntington disease and Alzheimer’s disease."

The improvement in executive function was accompanied by a small but favourable signal in a key measure of functional capacity. No significant improvements were seen on other secondary efficacy measures in the study.

Dr Ira Shoulson, Professor of Neurology at Georgetown University and Chair of the Huntington Study Group, who was not involved in the trial and acts as an advisor to Prana, added: “In the Reach2HD trial, the improvement in executive function performance was also accompanied by a favourable signal of a slowing of functional decline, as measured by the Total Functional Capacity score. This is the first time we have observed dose-related slowing in functional decline over a six month period of treatment – which taken together with the safety reassurance – will provide genuine optimism for the Huntington disease community to support a larger confirmatory trial of PBT2 in Huntington disease.”

Exploratory Finding

As Huntington disease and other neurodegenerative disorders progress, there is a gradual loss of brain tissue or atrophy. In Reach2HD, brain imaging using magnetic resonance imaging (MRI) was performed in a small subset of patients (n=6) to map anatomical changes in brain structure. In the combined PBT2 groups (n=4) a reduction in atrophy of brain tissue in regions of the brain known to be affected by Huntington disease was observed compared to the placebo group.

Dr Diana Rosas, Associate Professor of Neurology at Harvard Medical School and the study’s co-Principal Investigator who conducted the imaging sub-study commented: “Despite the very small number of patients in the sub-study, the data are suggestive of a beneficial effect of PBT2 in regions of the brain that are known to be vulnerable to Huntington disease.”

Dr Ray Dorsey, Professor of Neurology at the University of Rochester and the Principal Investigator on the trial added: “We are very pleased that the results of the Reach2HD study have shown that PBT2 is well tolerated and generally safe over six months in individuals with early to mid-stage Huntington disease.”

“In addition, the results indicated a significant benefit on cognition that is consistent with the previous trial in Alzheimer’s disease and is accompanied by an encouraging finding in functional capacity. We are very thankful for the involvement of the research participants and investigators in this study and look forward to future trials of this promising therapy for one of the cardinal features of Huntington disease.”

Prana plans to advance PBT2 into a confirmatory Phase 3 clinical trial that could allow PBT2 to be approved for the treatment of Huntington disease.

A clinical appendix accompanies this announcement.

For further information please visit the Company’s web site at www.pranabio.com.
For patient enquiries please contact huntingtons@pranabio.com or call 1300 13 90 33.

§ Men and women with clinical features of Huntington disease (HD) and a CAG repeat number ≥ 36
§ Total Functional Capacity (TFC) 6-13, inclusive. ‘Early-stage’ HD defined as TFC of 11-13 and ‘mid-stage HD’ defined as TFC 6-10
§ ≥ 25 years of age
§ Montreal Cognitive Assessment (MoCA) score ≥ 12
§ If taking tetrabenazine, on a stable dose for at least 3 months

Rationale

PBT2 is a moderate affinity metal ligand that inhibits metal mediated toxic gain of function of disease proteins such as mutant Huntingtin. In addition, the ionophore capability of PBT2 facilitates the redistribution of copper and zinc to their correct brain tissue compartments. Collectively, PBT2 has been shown to reduce toxic protein accumulation, support synaptic plasticity and promote neuronal growth and function in animal models.
Based on these mechanisms of action and the reported success of PBT2 in a Phase 2a study in Alzheimer’s disease, on both measures of cognition (executive function) and biomarkers, the Reach2HD trial investigated a range of efficacy outcomes, in particular, cognition (executive function).

Blinding

Double-blind

Placebo controlled

Yes

Route of administration

Oral (capsules)

Study design

Randomized, double-blind, placebo-controlled, parallel three-group study to assess the safety and tolerability, and efficacy of PBT2 in patients with early- to mid-stage HD. An independent Data Safety Monitoring Board (DSMB) provided patient safety monitoring at regular intervals throughout the study.

All efficacy analyses were conducted on the Intention-to-Treat (ITT) population. Efficacy analysis on the Per Protocol (PP) population was to be performed if the PP population comprised more than 95% or less than 50% of the ITT population.

Patient Demographics

Placebo

(N=35)

PBT2 100mg
(N=38)

PBT2 250mg
(N=36)

All

(N=109)

Age (years)
Mean:
Range:

51.2
30-66

54.1
31-79

50.3
28-70

51.9
28–79

Male (%)

45.7

50.0

52.8

49.5

Mean CAG repeat no:

44.1

43.2

44.4

43.9

Mean MoCA score

22.5

23.5

22.9

23.0

Mean TFC score:

9.0

9.3

9.3

9.2

All baseline characteristics similar across dose groups

Primary Objective: Safety and Tolerability

PBT2, in this study of early- to mid-stage HD patients, was safe and well tolerated, with no significant findings or trends in any of the safety parameters measured. Tolerability: PBT2 was well tolerated during this study as demonstrated by no difference in the Kaplan-Meier estimates of time-to-withdrawal between the 100mg dose and placebo groups (p=0.297) or between the PBT2 250mg and placebo groups (p=0.173). Of the 109 patients randomized, 104 patients completed the study (95.4% retention rate). Of the five participants who withdrew from the study, one participant in the placebo group and 3 participants in the 250mg group withdrew due to adverse events. One participant did not return for their follow up visit.Safety: Of the 10 SAEs reported, one was in the placebo group, 3 in the 100mg PBT2 group and 6 in the 250mg group. With the exception of one SAE in the 250mg group, all SAEs were deemed to be not related to Study Drug by the site investigators. The participant who had an SAE deemed related to Study Drug reported a worsening of their HD symptoms during the 4 week follow up period (i.e. no Study Drug administered), after completing the 6 month treatment.
The safety and tolerability profile of either dose of PBT2 was similar to placebo. There were no significant differences in the numbers of participants reporting any particular AE between PBT2 and placebo groups. The most common AE was diarrhea, with 16 participants reporting a total of 20 events. The frequency of this AE was similar across PBT2 and placebo groups.

Main Composite Cognition z-score and Exploratory Composite Cognition z-score. No statistically significant changes.Executive Function Composite z-score: PBT2 250mg showed a significant improvement at 12 weeks (p=0.005) and trend at 26 weeks (p=0.069) compared with placebo. On a pre-specified subgroup analysis of early-stage HD (TFC 11-13), the change in Executive Function Composite z-score from baseline at 26 weeks was significantly improved in participants receiving 250mg PBT2 compared with placebo (p=0.038).
Of the two tests within the Executive Function Composite, there was a statistically significant improvement in the Trail Making Test Part B after 12 weeks of treatment compared with placebo (p<0.001) and at 26 weeks (p=0.042). The effect of PBT2 at 26 weeks was dose-dependent (p=0.035).
There were no statistically significant differences between either dose of PBT2 and placebo in other individual tests of cognition over 26 weeks.

Secondary Objective: Efficacy

Motor, Behaviour, Function, Global Endpoints

No significant changes were seen in motor, functional, behavioural or global assessments in either PBT2 treatment group compared to placebo over the 26 week treatment period.
A small but positive signal in TFC was observed on the 13 point scale across the PBT2 groups relative to placebo (mean changes from baseline:
250mg PBT2 = -0.3; 100mg PBT2 = -0.5; placebo= -0.6.

Secondary Objective: Efficacy–Biomarker Endpoint

There were no significant changes in the urine or blood biomarkers assessed at week 26 with PBT2 treatment compared to placebo.

Secondary Objective:MRI brain volumes and function

Changes in cortical thickness (mm) were mapped at week 26 for the combined treatment group (n=2 250mg and n=2 100mg) compared to placebo (n=2). The rate of thinning in the placebo group was faster than in the treated groups; however the effects did not reach statistical significance.